Royce & Associates LP Sells 157,787 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Royce & Associates LP decreased its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 11.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,252,507 shares of the company's stock after selling 157,787 shares during the period. Royce & Associates LP owned 2.30% of Lindblad Expeditions worth $14,855,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Quest Partners LLC grew its position in shares of Lindblad Expeditions by 1,139.4% during the 3rd quarter. Quest Partners LLC now owns 60,880 shares of the company's stock valued at $563,000 after purchasing an additional 55,968 shares in the last quarter. Barclays PLC boosted its stake in Lindblad Expeditions by 263.7% during the third quarter. Barclays PLC now owns 60,234 shares of the company's stock valued at $557,000 after buying an additional 43,671 shares during the period. Villere ST Denis J & Co. LLC purchased a new position in Lindblad Expeditions during the fourth quarter worth about $238,000. Assetmark Inc. increased its stake in Lindblad Expeditions by 49.6% in the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company's stock worth $48,000 after acquiring an additional 1,722 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Lindblad Expeditions by 66.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company's stock worth $2,985,000 after acquiring an additional 128,610 shares during the last quarter. Institutional investors own 75.94% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Lindblad Expeditions from a "buy" rating to a "hold" rating in a report on Monday, March 3rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Lindblad Expeditions has a consensus rating of "Moderate Buy" and an average price target of $14.25.

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Lindblad Expeditions Stock Performance

LIND traded down $0.54 during trading on Friday, reaching $9.69. The stock had a trading volume of 554,967 shares, compared to its average volume of 290,480. The business has a 50-day moving average of $11.64 and a 200-day moving average of $11.30. Lindblad Expeditions Holdings, Inc. has a one year low of $6.35 and a one year high of $14.34. The stock has a market cap of $528.94 million, a PE ratio of -12.92 and a beta of 3.12.

Lindblad Expeditions Profile

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.